Kraken Daily Market Report for December 17 2020

Overview


  • Total spot trading volume hit a record $1.57B, more than twice the 30-day average of $636M. At the same time, Bitcoin passed $23,000 and reached an all-time high.
  • A trending coin is tBTC, which reported 10 times more trading volume compared to yesterday.
  • Compound showed strong returns (13%), while Waves and Icon reported 5% losses.

December 17, 2020 
 $1570.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$22835. 
↑6.9% 
$861.0M
ETH 
$643.99 
↑0.9% 
$225.0M
USDT 
$1.0003 
↓0.06% 
$192.2M
XRP 
$0.5777 
↑1.4% 
$170.8M
LTC 
$101.11 
↑8.7% 
$45.4M
LINK 
$13.469 
↓0.3% 
$20.0M
USDC 
$0.9999 
↑0.0% 
$19.2M
XLM 
$0.1861 
↓3.9% 
$19.1M
ADA 
$0.1634 
↓3.1% 
$15.8M
BCH 
$310.67 
↓0.5% 
$11.6M
DOT 
$5.3487 
↓0.5% 
$10.7M
XMR 
$160.30 
↑0.9% 
$8.46M
XTZ 
$2.2968 
↓3.2% 
$4.08M
YFI 
$26638. 
↓1.4% 
$3.91M
EOS 
$3.0443 
↓2.0% 
$3.46M
WAVES 
$7.9271 
↓5.0% 
$2.66M
DASH 
$108.24 
↑2.6% 
$2.38M
KSM 
$58.125 
↑1.4% 
$2.18M
XDG 
$0.0037 
↑9.1% 
$2.08M
ALGO 
$0.3321 
↓2.4% 
$2.06M
DAI 
$1.0013 
↓0.1% 
$1.84M
ZEC 
$74.364 
↑1.5% 
$1.84M
UNI 
$3.6922 
↑4.3% 
$1.81M
ATOM 
$5.3578 
↓2.5% 
$1.51M
COMP 
$177.10 
↑14% 
$1.43M
OMG 
$3.2391 
↓3.4% 
$1.43M
TRX 
$0.0307 
↓2.3% 
$1.32M
TBTC 
$23667. 
↑6.7% 
$1.19M
FIL 
$28.463 
↑0.01% 
$1.01M
BAT 
$0.2265 
↓2.9% 
$938K
SNX 
$5.2994 
↑0.28% 
$906K
AAVE 
$85.109 
↓2.9% 
$893K
PAXG 
$1914.3 
↑2.3% 
$775K
OXT 
$0.2587 
↓3.2% 
$742K
CRV 
$0.6540 
↑0.31% 
$678K
QTUM 
$2.6916 
↓2.9% 
$561K
SC 
$0.0035 
↑3.7% 
$537K
MLN 
$33.468 
↑0.9% 
$506K
ETC 
$6.4757 
↑0.4% 
$482K
NANO 
$1.1461 
↓1.5% 
$375K
ICX 
$0.4084 
↓4.0% 
$369K
REP 
$16.600 
↓3.1% 
$327K
BAL 
$14.115 
↑0.18% 
$312K
KAVA 
$1.5992 
↓2.3% 
$271K
KEEP 
$0.2372 
↓3.7% 
$241K
KNC 
$0.9239 
↓1.8% 
$217K
GNO 
$67.810 
↑0.07% 
$201K
MANA 
$0.0890 
↑0.8% 
$184K
LSK 
$1.3083 
↓0.4% 
$165K
STORJ 
$0.3541 
↓2.3% 
$132K
REPV2 
$15.966 
↓0.4% 
$101K
ANT 
$3.2000 
↑1.6% 
$68.7K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (December 17 2020)



Figure 2: Mid-size trading assets: (measured in USD) (December 17 2020)



Figure 3: Smallest trading assets: (measured in USD) (December 17 2020)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (December 17 2020)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (December 17 2020)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (December 17 2020)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (December 17 2020)